AdvisorCensus / Financial advisors / Indiana / Indianapolis / Capital Cities, LLC
Capital Cities, LLC is an SEC-registered investment advisory firm in Indianapolis, IN, registered since 2008, with no regulatory assets under management reported in its Form ADV filing dated March 11, 2026.
Quick answers
From the filingHow is Capital Cities, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Capital Cities, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
Where is Capital Cities, LLC located?
Capital Cities, LLC's principal office is in Indianapolis, IN, according to its Form ADV.
Is Capital Cities, LLC registered with the SEC or a state?
Capital Cities, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 122916.
How have Capital Cities, LLC's assets and staff changed since 2021?
In the Form ADV data for Capital Cities, LLC: Total employees: 10 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Capital Cities, LLC serve?
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (15).
Does Capital Cities, LLC report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/122916
Does Capital Cities, LLC state an account minimum?
Its Form ADV Part 2A brochure dated March 11, 2026 says: "In general, we require you to have in excess of $5,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: $5,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
In general, we require you to have in excess of $5,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.
As stated in the firm's Form ADV Part 2A brochure dated March 11, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.FNot reported.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2008 (18 years)
- Employees
- Total: 10. Performing investment advisory functions: 10.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | Not reported | 10 | March 11, 2026 |
| October 2025 | Not reported | 10 | March 6, 2025 |
| October 2024 | Not reported | 10 | March 27, 2024 |
| October 2023 | Not reported | 10 | February 26, 2023 |
| October 2022 | Not reported | 10 | March 30, 2022 |
| October 2021 | Not reported | 10 | August 27, 2021 |
Total employees: 10 in October 2021 and 10 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Capital Cities, LLC (CRD 122916): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/capital-cities-llc-indianapolis-in-122916